Latest news with #SAMANADevelopers
Mid East Info
24-06-2025
- Business
- Mid East Info
Samana Hills South Achieves Unprecedented Sell-Out Within 90 Minutes of Launch, Underscoring Robust Market Confidence in Dubai South
Samana Developers, a distinguished and award-winning real estate developer based in Dubai, is pleased to announce the exceptional sell-out of its latest residential masterpiece, Samana Hills South, within a remarkable 90 minutes of its official launch. This AED 400 million development exemplifies Samana Developers' unwavering commitment to pioneering resort-style residential communities that meet robust market demand. Strategically positioned within Dubai South, near the rapidly expanding Al Maktoum International Airport, Samana Hills South features 510 exquisitely designed studios, 1, and 2-bedroom apartments, all boasting elegant finishes and competitively priced from AED 570,000. Residents are afforded an unparalleled lifestyle, with access to over 30 resort-style amenities, including an outdoor cinema, wellness lounge, dedicated kids' play area, and an aqua gym & spa. Offering flexible payment plans and substantial return on investment (ROI) potential, Samana Hills South represents a compelling opportunity for both discerning homeowners and astute investors. 'The extraordinary demand for Samana Hills South, achieving a full sell-out in just 90 minutes, is a powerful testament to the robust confidence investors and homeowners place in Dubai's dynamic real estate market and our strategic vision,' stated Imran Farooq, CEO of Samana Developers . 'Our decision to develop in Dubai South is unequivocally anchored by its undeniable potential as the epicentre of future growth. With Al Maktoum International Airport poised to become the world's largest, capable of managing 260 million passengers annually, and the imminent creation of 500,000 new jobs alongside the ongoing development of Expo City, this district is experiencing unprecedented expansion.' Samana Developers' robust portfolio, exceeding AED 17 billion and commanding a 4.4% market share, underscores its unwavering dedication to strategic growth and innovation. The successful introduction of 12 new projects in 2024, including the globally acclaimed Samana Ocean Views Interiors by Elie Saab, highlights the developer's expansive vision and diverse offerings. Properties are meticulously chosen for their strategic locations, offering compelling opportunities for capital appreciation and attractive rental yields for both discerning end-users and astute investors. Samana Developers consistently receives accolades for its commitment to unparalleled quality and pioneering innovation within the real estate sector. About SAMANA Developers: SAMANA Developers, an award-winning real estate developer based in Dubai with growing international portfolio. With a focus on creating sustainable and elegant living spaces, SAMANA Developers has seamlessly delivered a wide range of residential and commercial projects climbing to the top seven highest off-plan sellers in 2024. Known for their innovative designs, premium amenities, and prime locations, SAMANA Developers' projects have set new standards in the UAE real estate market. The company's dedication to excellence has earned them a reputation for delivering exceptional value and investment opportunities with more than 1,300 units handed over and 11,000 units under construction. SAMANA has scooped multiple esteemed awards for pioneering concepts, innovative designs, and sustainability.
Gulf Today
15-03-2025
- Business
- Gulf Today
Sheikh Mohammed oversees signing of pacts for 3 endowment buildings
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the signing of agreements between the Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI) and Imtiaz Developments, SAMANA Developers, and Buimerc Corporation Ltd. Under the agreements, each developer will construct an endowment building within MBRGI's education complex at Dubai Academic City in support of the Fathers' Endowment campaign, launched by HH Sheikh Mohammed Bin Rashid Al Maktoum. Coinciding with Ramadan, the Fathers' Endowment campaign was launched in honour of fathers in the UAE and aims to create a sustainable endowment fund to provide treatment and healthcare for the poor and needy. Mohammad Al Gergawi, Minister of Cabinet Affairs and Secretary General of MBRGI, signed agreements with Masih Imtiaz, CEO of Imtiaz Developments; Imran Farooq, CEO of SAMANA Developers; and Siddharth Balachandran, Executive Chairman and CEO of Buimerc Corporation Ltd., for the development of endowment buildings valued at Dhs50 million, Dhs40 million, and Dhs20 million, respectively. Revenues from the endowment buildings will support the Fathers' Endowment campaign and its goal of enhancing healthcare access for people in need. This includes developing hospitals, providing essential medical equipment and medications, expanding capacity, and upgrading operating rooms. These investments will create sustainable opportunities to enhance the quality of life for those in need. Creating positive change Mohammad Al Gergawi said that the Fathers' Endowment campaign embodies the vision of HH Sheikh Mohammed Bin Rashid Al Maktoum for sustainable giving, and his belief in philanthropy as the most significant investment for creating positive change and helping the less fortunate to meet their basic needs. Al Gergawi highlighted the significance of Ramadan campaigns in reinforcing the UAE's global leadership in humanitarian efforts and reflecting the nation's deeply rooted values of compassion and generosity. 'The agreements with Imtiaz Developments, SAMANA Developers and Buimerc Ltd. demonstrate the generous support of philanthropists in the UAE, a hallmark of the UAE's giving spirit. This generosity, evident in past Ramadan campaigns exceeding their goals in record time, confirms that giving is a deeply ingrained cultural value and a key component of the Emirati identity,' Al Gergawi said. The Fathers' Endowment campaign, part of the Mohammed Bin Rashid Al Maktoum Global Initiatives, honours fathers by enabling donations in their name. It upholds the values of respecting parents, compassion, and social solidarity while reinforcing the UAE's leadership in philanthropy through a sustainable healthcare endowment for those in need. The campaign further strengthens the UAE's long-standing commitment to generosity and global humanitarian solidarity while promoting the culture of endowments and encouraging community participation in providing sustainable healthcare support for underprivileged individuals. Donation channels The Fathers' Endowment campaign continues to welcome donations and contributions to the endowment fund from institutions and individuals across six main channels. Donations can be made via the campaign's website, or through the dedicated call centre at 800 4999. Contributions can also be made via bank transfer in UAE dirhams to the campaign's Emirates Islamic Bank account (IBAN: AE020340003518492868201). Donations via SMS are possible by sending the word 'Father' to the following numbers (1034 to donate Dhs10; 1035 to donate Dhs50; 1036 to donate Dhs100; and 1038 to donate Dhs500) for Etisalat by e& and du users. Donations can also be made through the DubaiNow app under the 'Donations' tab or via Dubai's community contributions platform,
Emirates 24/7
15-03-2025
- Business
- Emirates 24/7
Mohammed bin Rashid attends MBRGI's signing of agreements for three endowment buildings in support of the Fathers' Endowment campaign
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the signing of agreements between the Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI) and Imtiaz Developments, SAMANA Developers, and Buimerc Corporation Ltd. Under the agreements, each developer will construct an endowment building within MBRGI's education complex at Dubai Academic City in support of the Fathers' Endowment campaign, launched by HH Sheikh Mohammed bin Rashid Al Maktoum. Coinciding with Ramadan, the Fathers' Endowment campaign was launched in honour of fathers in the UAE and aims to create a sustainable endowment fund to provide treatment and healthcare for the poor and needy. His Excellency Mohammad Al Gergawi, Minister of Cabinet Affairs and Secretary General of MBRGI, signed agreements with Masih Imtiaz, CEO of Imtiaz Developments; Imran Farooq, CEO of SAMANA Developers; and Siddharth Balachandran, Executive Chairman and CEO of Buimerc Corporation Ltd., for the development of endowment buildings valued at AED50 million, AED40 million, and AED20 million, respectively. Revenues from the endowment buildings will support the Fathers' Endowment campaign and its goal of enhancing healthcare access for people in need. This includes developing hospitals, providing essential medical equipment and medications, expanding capacity, and upgrading operating rooms. These investments will create sustainable opportunities to enhance the quality of life for those in need. Creating positive change His Excellency Mohammad Al Gergawi said that the Fathers' Endowment campaign embodies the vision of HH Sheikh Mohammed bin Rashid Al Maktoum for sustainable giving, and his belief in philanthropy as the most significant investment for creating positive change and helping the less fortunate to meet their basic needs. Al Gergawi highlighted the significance of Ramadan campaigns in reinforcing the UAE's global leadership in humanitarian efforts and reflecting the nation's deeply rooted values of compassion and generosity. 'The agreements with Imtiaz Developments, SAMANA Developers and Buimerc Ltd. demonstrate the generous support of philanthropists in the UAE, a hallmark of the UAE's giving spirit. This generosity, evident in past Ramadan campaigns exceeding their goals in record time, confirms that giving is a deeply ingrained cultural value and a key component of the Emirati identity,' Al Gergawi said. The Fathers' Endowment campaign, part of the Mohammed Bin Rashid Al Maktoum Global Initiatives, honours fathers by enabling donations in their name. It upholds the values of respecting parents, compassion, and social solidarity while reinforcing the UAE's leadership in philanthropy through a sustainable healthcare endowment for those in need. The campaign further strengthens the UAE's long-standing commitment to generosity and global humanitarian solidarity while promoting the culture of endowments and encouraging community participation in providing sustainable healthcare support for underprivileged individuals. Donation channels The Fathers' Endowment campaign continues to welcome donations and contributions to the endowment fund from institutions and individuals across six main channels. Donations can be made via the campaign's website, or through the dedicated call centre at 800 4999. Contributions can also be made via bank transfer in UAE dirhams to the campaign's Emirates Islamic Bank account (IBAN: AE020340003518492868201). Donations via SMS are possible by sending the word 'Father' to the following numbers (1034 to donate AED10; 1035 to donate AED50; 1036 to donate AED100; and 1038 to donate AED500) for Etisalat by e& and du users. Donations can also be made through the DubaiNow app under the 'Donations' tab or via Dubai's community contributions platform, Follow Emirates 24|7 on Google News.
Sharjah 24
14-03-2025
- Business
- Sharjah 24
Mohammed bin Rashid attends MBRGI endowment agreements signing
Purpose of the agreements Under the agreements, each developer will construct an endowment building within MBRGI's education complex at Dubai Academic City in support of the Fathers' Endowment campaign, which was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum. The Fathers' Endowment campaign Coinciding with Ramadan, the Fathers' Endowment campaign was launched in honour of fathers in the UAE. The campaign aims to create a sustainable endowment fund to provide healthcare and treatment for the poor and needy. Endowment building details Mohammad Al Gergawi, Minister of Cabinet Affairs and Secretary General of MBRGI, signed agreements with Masih Imtiaz, CEO of Imtiaz Developments; Imran Farooq, CEO of SAMANA Developers; and Siddharth Balachandran, Executive Chairman and CEO of Buimerc Corporation Ltd. The value of the endowment buildings is AED50 million, AED40 million, and AED20 million, respectively. Impact of the endowment buildings Revenues from the endowment buildings will support the Fathers' Endowment campaign, enhancing healthcare access for those in need. This includes the development of hospitals, provision of medical equipment, and expansion of healthcare capacity. Vision and values behind the campaign Mohammad Al Gergawi emphasizsed that the Fathers' Endowment campaign reflects the vision of HH Sheikh Mohammed bin Rashid Al Maktoum for sustainable giving and his belief in philanthropy as a vital tool for positive change. UAE's commitment to philanthropy Al Gergawi also highlighted the importance of Ramadan campaigns in reinforcing the UAE's global leadership in humanitarian efforts, underscoring the deeply rooted values of compassion and generosity in Emirati culture. Encouraging donations The Fathers' Endowment campaign continues to welcome donations from institutions and individuals through multiple channels, including the campaign's website, SMS, bank transfer, and the DubaiNow app. Donations can be made by sending the word 'Father' to specific SMS numbers for various amounts or via the UAE's community platform,
Al Etihad
14-03-2025
- Business
- Al Etihad
Mohammed bin Rashid attends MBRGI's signing of agreements for three endowment buildings in support of Fathers' Endowment campaign
14 Mar 2025 23:21 DUBAI (ALETIHAD)His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the signing of agreements between the Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI) and Imtiaz Developments, SAMANA Developers, and Buimerc Corporation the agreements, each developer will construct an endowment building within MBRGI's education complex at Dubai Academic City in support of the Fathers' Endowment campaign, launched by H.H. Sheikh Mohammed bin Rashid Al with Ramadan, the Fathers' Endowment campaign was launched in honour of fathers in the UAE and aims to create a sustainable endowment fund to provide treatment and healthcare for the poor and Al Gergawi, Minister of Cabinet Affairs and Secretary General of MBRGI, signed agreements with Masih Imtiaz, CEO of Imtiaz Developments; Imran Farooq, CEO of SAMANA Developers; and Siddharth Balachandran, Executive Chairman and CEO of Buimerc Corporation Ltd., for the development of endowment buildings valued at Dh50 million, Dh40 million, and Dh20 million, from the endowment buildings will support the Fathers' Endowment campaign and its goal of enhancing healthcare access for people in need. This includes developing hospitals, providing essential medical equipment and medications, expanding capacity, and upgrading operating rooms. These investments will create sustainable opportunities to enhance the quality of life for those in Al Gergawi said that the Fathers' Endowment campaign embodies the vision of HH Sheikh Mohammed bin Rashid Al Maktoum for sustainable giving, and his belief in philanthropy as the most significant investment for creating positive change and helping the less fortunate to meet their basic Gergawi highlighted the significance of Ramadan campaigns in reinforcing the UAE's global leadership in humanitarian efforts and reflecting the nation's deeply rooted values of compassion and generosity.'The agreements with Imtiaz Developments, SAMANA Developers and Buimerc Ltd. demonstrate the generous support of philanthropists in the UAE, a hallmark of the UAE's giving spirit. This generosity, evident in past Ramadan campaigns exceeding their goals in record time, confirms that giving is a deeply ingrained cultural value and a key component of the Emirati identity,' Al Gergawi Fathers' Endowment campaign, part of the Mohammed Bin Rashid Al Maktoum Global Initiatives, honours fathers by enabling donations in their name. It upholds the values of respecting parents, compassion, and social solidarity while reinforcing the UAE's leadership in philanthropy through a sustainable healthcare endowment for those in campaign further strengthens the UAE's long-standing commitment to generosity and global humanitarian solidarity while promoting the culture of endowments and encouraging community participation in providing sustainable healthcare support for underprivileged Fathers' Endowment campaign continues to welcome donations and contributions to the endowment fund from institutions and individuals across six main channels. Donations can be made via the campaign's website, or through the dedicated call centre at 800 can also be made via bank transfer in UAE dirhams to the campaign's Emirates Islamic Bank account (IBAN: AE020340003518492868201). Donations via SMS are possible by sending the word 'Father' to the following numbers (1034 to donate Dh10; 1035 to donate Dh50; 1036 to donate Dh100; and 1038 to donate Dh500) for Etisalat by e& and du users. Donations can also be made through the DubaiNow app under the 'Donations' tab or via Dubai's community contributions platform,
